Fee revision for securities activity adjusts turnover based charges and restructures filing fees for public issues and exchanges. Amendments effective April 1, 2019 revise SEBI's payment of fees: they set turnover based rates and fixed annual charges for brokers and clearing members across cash, equity derivatives, currency, interest rate, commodity and debt segments with defined turnover computation (including options premium and notional on exercise), amend the exchange regulatory fee formula for very large annual turnover, and restructure Schedule III filing fees under the Issue of Capital and Disclosure Requirements with tiered flat and percentage rates and reduced rates for filings within one year after an observation letter.
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Fee revision for securities activity adjusts turnover based charges and restructures filing fees for public issues and exchanges.
Amendments effective April 1, 2019 revise SEBI's payment of fees: they set turnover based rates and fixed annual charges for brokers and clearing members across cash, equity derivatives, currency, interest rate, commodity and debt segments with defined turnover computation (including options premium and notional on exercise), amend the exchange regulatory fee formula for very large annual turnover, and restructure Schedule III filing fees under the Issue of Capital and Disclosure Requirements with tiered flat and percentage rates and reduced rates for filings within one year after an observation letter.
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